The oil part of Yaro-Yakhinskoye field in Yamal was input to operation

NOVATEK informed about input of oil deposits of Yaro-Yakhinskoye oil, gas, condensate field to industrial operation. The joint venture of NOVATEK and “Gazprom Neft” – “Arktikgaz” is busy with its development. The project level of oil extraction in the field makes about 1 million 200 thousand tonnes per year.

22 exploitation wells were drilled in the oil part of the field. Drilling of new wells is continued. This information was given to the news agency “Sever-Press” in the press service of NOVATEK. Oil and gas gathering networks, an oil treatment plant and an oil pipeline of external transport with the length 57 kilometers with an oil acceptance transfer unit were constructed.

“The launch of the oil program in Yaro-Yakhinskoye field of “Arktikgaz” will make big contribution to increase in extraction of liquid hydrocarbons of the company”, as the chairman of the board of NOVATEK Leonid Mikhelson noted. – “We managed to complete construction in short time with maximum use of the available infrastructure”.

Yaro-Yakhinskoye field is in Purovskiy district, Yamal-Nenets Autonomous Okrug. Industrial extraction of gas and gas condensate in the field was started in April of 2015. Its reserves on Russian classification on the 31^st of December of 2017 make 206 milliard cubic meters of natural gas and 32 million tonnes of liquid hydrocarbons.